PPP Loan information for R&m manufacturing inc

$331,167

R&m manufacturing inc was initially approved for PPP Loan of amount $331,167, the current approved amount is $331,167. The loan was approved on 04/12/2020 by The Valley National Bank reported 29 jobs and $331,167 was used to fund payroll.

R&m manufacturing inc is Existing or more than 2 years old

R&M MANUFACTURING INC

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

R&M MANUFACTURING INC

Borrower Address

20 Abeel Rd Monroe

Borrower City

MONROE TOWNSHIP

Borrower State

NJ

Borrower Zip

08831

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331167.00

Current Approval Amount

331167.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE TOWNSHIP

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08831-0001

CD

NJ-12

Jobs Reported

29

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

331167.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334230.29

Forgiveness Date

03/22/2021

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